The declining lira may create some additional opportunities, however, depending on the type and location, it is always possible to purchase multiple properties with $250,000 and combine them to become eligible for CBI.
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What investment immigration opportunities can foreigners' avail with the rapidly declining lira in Turkey?
Is it true that an investor can now buy multiple properties for $250,000 in Turkey compared to a year ago? What investment opportunities would you advise foreign investors?
Answers
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The program always allows investors to buy more than one property. Both, the bank deposit and real estate investment can bring you good income and can keep your money's value. The new regulation has been issued to protect the lira's value. While you cannot sell your property for three years, you can rent it out for that period and also it'll get capital appreciation. If you invest in a bank deposit program, the government has a protection program for the savings account to cover for the losses due to the foreign exchange fluctuations.
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